Individual Attention from Our Southern California Bankruptcy Lawyers

Bankruptcy is a great option for many people. This doesn't mean that
it is necessarily the right solution for you. Our bankruptcy lawyers at
Wadhwani & Shanfeld
customize our approach to the needs and priorities of each client. No two cases are alike. We
recognize the nuances of our clients' individual needs, and because
of this, we refuse to implement a "one size fits all" approach
or to push one particular solution on our clients without first hearing
their personal stories and objectives.

What is debt settlement and how does it work?

Debt settlement is the process of negotiating with individual creditors
outside of court to resolve your debt. In most cases, we are able to reach
settlements that are considerably lower than the actual amount owed. In
today's difficult economy, debt collectors are typically willing to
work with us to arrive at a reasonable settlement rather than risk a
bankruptcy filing. As a reputable law firm that handles a high volume of bankruptcies,
we are often able to settle debt at a significant discount.

When is debt settlement a good idea?

Debt settlement is particularly useful in the following scenarios:

You are ineligible to file bankruptcy due to a previous recent filing

You have a high income

You have a large number of assets

You have moral or religious reasons for opposing the concept of bankruptcy

How to Get the Most Out of Your Debt Settlement Plan

The key to successful debt settlement is
be proactive. If you’ve considered your options and determined that some form
of debt settlement is best for you (opposed to
bankruptcy) don’t wait to take action. If you wait too long, your account could
go be charged off, lessening your chances of a solid debt settlement agreement.
In short, if you’re going to contact your creditors, do it soon.
Additionally,
don’t try to negotiate debt settlement without the help of a lawyer.
Schedule a consultation with our debt settlement attorneys in Southern California today for more
information about your options with Wadhwani & Shanfeld.

Over 40 Years of Experience on Your Side

If you do not qualify to file for bankruptcy, we can help walk you down
the path of debt settlement. This bankruptcy alternative has functioned
as a good, practical option for many people. We encourage you to get in
touch with our office as soon as possible to examine your situation and
the various debt relief solutions available to you in a
free case evaluation. Both of our attorneys have demonstrated the commitment and dedication
to help our clients when they need us most. Through extensive experience
and a client-focused strategy, we work to serve our clients toward effective
and favorable outcomes.

The information on this website is for general information purposes only.
Nothing on this site should be taken as legal advice for any individual
case or situation. This information is not intended to create, and receipt
or viewing does not constitute, an attorney-client relationship.

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